Interim Management Statement

28 Nov 2007 17:39

Matrix Income & Growth 4 VCT plc (the Company)

INTERIM MANAGEMENT STATEMENT For the period ended 31 October 2007 SHARE BUY-BACKS

During the period the Company bought back a total of 82,850 Ordinary Shares at a price of ‚£1.0025 pence per share.

NEW INVESTMENTS

The Company made two further investments in the quarter. A further ‚£445,506 was invested in Blaze Signs Holdings Ltd at a higher value than the first tranche invested in April 2006, and ‚£772,451 in Focus Pharmaceutical Holdings Limited, a distributor of generic drugs.

DIVESTMENTS

There were no divestments in the quarter.

NET ASSET VALUE PER SHARE

31 October 2007 31 January 2007

Net assets attributable to shareholders ‚£24,788,626 ‚£9,772,148

Shares in issue 20,588,091 8,399,337

Net asset value per Ordinary Share 120.4 pence 116.34 pence

For further information, please contact:

Robert Brittain, for Matrix-Securities Limited, Company Secretary: 020 7925 3300